This article was last updated on August 15, 2022
Zilliqa is one of the projects that want to be a core component of the future crypto world. Since it is currently on a “discount,” many are looking to invest. Since all great projects are garnering a lot of attention, Zilliqa (ZIL) naturally does too, which is why we want to present you with our price prediction.
Zilliqa is one of those projects that has great potential and is slowly but surely getting realized. This is why we believe it will grow. In this article, you will learn more about Zilliqa (ZIL), will Zilliqa reach $1, our price predictions for it, and whether it is a good investment or not.
However, if you are interested in the crypto world but are also new to it, we suggest going through our dedicated “Crypto For Beginners” article. You will find all the necessary information to build a strong knowledge foundation. And if you already have a strong foundation, you will easily understand all things this article covers.
Over the past week, the price of Zilliqa (ZIL) remained around $0.046. The circulation supply is 13 billion tokens. The market cap went up to $605 million.
What is Zilliqa (ZIL)?
Zilliqa is a public and permissionless blockchain that aims to enable high throughput. Essentially, they are looking to take the possible transactions per second of crypto networks to the next level.
This is accompanied by their goal to solve the crypto trilemma (decentralization, scalability, and security). The developers believe the best way is to integrate sharding as a Layer 2 scaling solution.
The ecosystem also claims to be the first one of its kind, relying entirely on a sharded network of machines. This is what makes the high transactions per second (tps) a possibility.
Currently, the network supports up to 2550 tps, although the stress test came out with results of over 10.000 tps. Overall, in terms of tps, the network is quite promising.
What is interesting is that as the nodes on the network keep growing, so will the tps, so there is no limit to what is possible. Furthermore, transactions are not slowed down because, once processed, they are immediately recorded on the blockchain.
The network hosts many dApps (Decentralized Applications), allowing developers to experiment and test their software.
As for business goals, Zilliqa wants to see adoption by major enterprises in the fields of entertainment, marketing, managing, gaming, financial services, payments, and more. In a section of the whitepaper, Zilliqa states its ambition to become a rival of MasterCard and VISA.
Last year, Zilliqa supposedly made millions of transactions on average every single month. The production of blocks also dramatically increased from around 950 blocks a day to now 2600.
Can Zilliqa (ZIL) Reach $5?
Zilliqa is a project that comes with a lot of utility. This is what many investors love about it. Owners are optimistic about the development of the network once the market stabilizes. That’s why so many believe the price will not only reach $1 but surpass its past glory.
However, let’s think about it for a moment. The current price of Zilliqa is around $0.04, far from its previous all-time high of $0.23. This means it will need a 25x increase to reach a price evaluation of $1. With a current market cap of $580 million, adding this multiplier will result in a new market cap of more than $14 billion.
This might look a bit impossible at first glance because that market cap will place it within the top 10 cryptocurrencies. Yet, if the crypto world sees more adoption, this market cap won’t be that huge.
However, the tricky part is this. Is Zilliqa going to get good marketing? Is it going to bring enough utility for people to notice it? Only time will show.
We believe Zilliqa will reach $1 in the future, although things are quite tricky. Yet, there are many factors that can negatively impact Zilliqa itself, and the project might fail. However, we will leave such unpredictable speculations out of the way.
So what do we need first before ZIL reaches $1? First, we need to see market stabilization. This will happen after the military conflicts in Europe get resolved. Until then, the market will proceed to be chaotic and bearish. After that, we must wait until crypto becomes more stable and adopted.
And when is Zilliqa going to reach $1? It will take at least 7 more years, or even 8, if we are being conservative.
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ZIL Price Prediction For 2022 – 2030
Zilliqa’s future price is difficult to predict as it relies on several factors, including the performance of the Zilliqa network, global economic conditions, and the price of other cryptocurrencies. However, if Zilliqa continues to grow as a network at its current rate, it is possible that the price evaluation for ZIL could easily start climbing back to $0.10 by the end of 2022.
This would represent a somewhat significant increase from its current price of around $0.04 but would still be way below its all-time high of $0.23, reached in February 2021. While Zilliqa’s future price is impossible to predict with certainty, we are eager to share our analytical forecast with you.
Keep in mind that these are mainly speculations, although supported by facts and other somewhat solid factors. With that being said, let’s head on to the exciting part – Zilliqa price predictions.
2022 – Zilliqa (ZIL) Price Prediction
Some of the financial industry’s top names have lent their weight to Zilliqa’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrency.
According to that and to Zilliqa’s performance over the past year, it may achieve a tremendous boost by year’s end, unlike other significant coins like Bitcoin and ETH, and grow by around 2x, reaching a price point of $0.1, which will get it closer to its previous heights.
Of course, there’s the scenario that we experience further world conflicts that can affect the crypto market. In that case, we can expect ZIL to drop in price. No one can say for sure how low it may go, but we can easily see it dropping to around $0.02-$0.03.
2023 – Zilliqa (ZIL) Price Prediction
Many analysts have made Zilliqa price predictions for 2023, and the general consensus is that the price of Zilliqa will continue to rise. This is based on a number of factors, including the increasing use of Zilliqa’s technology, the growing popularity of crypto, and the overall positive outlook for the global economy.
While it is impossible to say exactly what the price of Zilliqa will be in 2023, most experts agree that it has the potential to reach new heights.
More realistically, we can expect the price of Zilliqa to reach $0.14-$0.17 by the end of 2023.
2024 – Zilliqa (ZIL) Price Prediction
If the growth for Zilliqa continues, we can easily see it getting massive adoption. Our price prediction for 2024 is as conservative as possible to avoid misguiding you.
We believe that by the end of 2024, the price of Zilliqa will reach at least $0.21. If we let ourselves be a bit more speculative, we’d raise it to $0.25, surpassing its previous all-time high.
2025 – Zilliqa (ZIL) Price Prediction
According to many Zilliqa enthusiasts and their price predictions, ZIL prices may rise dramatically in the trading range between $0.31 and $0.36.
However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, ZIL price prediction as a cheap and convenient digital asset might become a reality.
For this scenario, we must also consider that the Zilliqa network can significantly expand and develop. In that case, prices may even go as high as $0.40, but that is quite ambitious.
As for a worse scenario, there are many things we cannot predict. Such is any global military, environmental, pandemic, financial, and other similar issues.
But let’s explore what we have at hand. If a Zilliqa competitor arises, things can definitely go south for Zilliqa. Another thing that can happen is if there’s any change in the network’s operation. This can include a change of CEO, developers, other team members, etc. If that happens, we can see the price of Zilliqa dropping by 50-70%, meaning it will go for about $0.12-$0.14.
2026 – Zilliqa (ZIL) Price Prediction
Keeping our conservative approach, we won’t try to make ridiculous price predictions for Zilliqa. Although many believe that by 2026 the price of ZIL will be at least $0.42, we’d give a different value.
2026 is actually not too far away, but in terms of crypto, it is. We believe that Zilliqa will be evaluated at anywhere between $0.37 and $0.41.
2027 – Zilliqa (ZIL) Price Prediction
As the years go by and Zilliqa continues its expansion and proves its utility, we can see it going for as much as $0.60. However, if we are being more realistic, the price might remain moving sideways, as that is a hefty growth.
By that, we mean that ZIL will be evaluated at around $0.49 – $0.54. We think the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.
2028 – Zilliqa (ZIL) Price Prediction
In 2028, if Zilliqa comes out with new projects and experiences further adoption, we can see it potentially going out from the 20s and reaching a price of $0.61 – $0.67, coming closer and closer to the $1 mark. However, this is mostly optimistic.
On the lower end, we can see ZIL being worth around $2.84 while, on average, remaining at around $3.29.
2029 – Zilliqa (ZIL) Price Prediction
For the last year of the decade, we believe that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.
As such, we think Zilliqa will be moving from around $0.72 to $0.74 easily, although we can also see it reaching the $0.8 mark.
2030 – Zilliqa (ZIL) Price Prediction
Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about 8 years into the future.
Some experts have forecast that Zilliqa’s price could reach up to $0.91 by 2030. This would be a significant increase from its current price of around $0.04. However, it is important to remember that Zilliqa is growing, and so is its adoption rate, utility, and potential.
In addition, the current global economic situation could also lead to an increase in the price of Zilliqa, as more investors look to cryptocurrencies as a safe haven for their money. Only time will tell whether this price forecast comes true, but Zilliqa certainly seems to have a bright future ahead.
That is unless we see global frames in which cryptocurrencies have to operate in the future. What we mean here is that countries could start incorporating restrictions. There already are some countries like Qatar, China, Turkey, etc.
If that happens, we can see many of the tokens we all love and know drop down by a lot. This might even mean the end of cryptocurrencies as we know them.
For Zilliqa, if that happens, we can easily make a price forecast that ZIL can drop in value by 90%. To be more specific, this might mean a price evaluation of less than $0.09. On a brighter note, this is highly unlikely, even though not impossible.
Our Opinion On Zilliqa (ZIL)
Given the Zilliqa price today, we can make lots of speculations. However, when making a price prediction or looking at one, you must stay completely aware that most of the time, it is completely off.
Although we kept a conservative approach with our average forecast price, you should still take this prognosis with a grain of salt.
Zilliqa is certainly a great project with huge potential, which makes us believe that it will survive throughout the years.
Overall, although we believe Zilliqa will certainly be bullish and we believe in our speculations, we can never be certain.
Is Zilliqa (ZIL) a Good Investment?
Zilliqa is quite unique when it comes to the idea and solutions it brings to the table. However, does that make it a worthy investment? There are many networks that offer a great idea and a solution, but the problem is usually not major. In these situations, such projects are usually a hard pass.
Thankfully, that’s not the case with Zilliqa, as you might expect.
The problem Zilliqa solves is quite a big one. Rather than solve, a better word would be “assist”. It assists networks in utilizing their full potential through resolving the so-called “crypto trilemma”. This is the reason why Zilliqa will most likely remain a player in the future of the crypto world.
Of course, this is still not enough to make us consider becoming owners of the ZIL token. But when we ponder Zilliqa and its operability, we see that there are no direct competitors. Even more, the ZIL tokens will definitely be part of the top 20 cryptocurrencies at some point.
As of right now and with its current features, it is very easy to see why Zilliqa is a good buy. However, if a project does not resonate with you or you do not fully understand how it operates, it can be a pass.
In conclusion, we expect to see Zilliqa be part of the dominating networks that will see huge adoption in the near future.
How To Buy Zilliqa (ZIL)
Thanks to the token’s massive success and popularity, Zilliqa is listed on most major crypto exchanges and online trading platforms. Investing in crypto is not too complex, and you won’t have to go through a lot of unnecessary steps. Below we have provided an in-depth outline of the general steps you will need to take to invest in Zilliqa.
Choose A Crypto Exchange Platform
The first thing you will need to do is choose a crypto exchange platform that carries Zilliqa. Luckily, the token is quite popular and is present on most major platforms like eToro, Binance, Coinbase, Bitstamp, and Kraken.
Create An Account
After you have chosen your trading platform, you will need to create an account if you don’t already have one. This process is usually pretty straightforward and usually takes only a couple of minutes. However, you will need to provide personal information such as full name, date of birth, email address, etc.
Verify Your Account
Once you have set up your account, you will also need to verify your identity. This process is a bit lengthier and requires some additional information. Generally, the platform will require that you provide copies of your photo ID, proof of address, and other documents. This is in accordance with Know Your Customer (KYC) laws which aim to prevent fraud.
Deposit Fiat Currency
Next, you will need to deposit funds into your account. You will use these to purchase ZIL coins. The amount you can deposit will depend on the crypto exchange platform you are using and the number of coins you wish to purchase. Each platform will support different payment methods and have varying minimum requirements.
Buy ZIL
Once you have supplied your account with sufficient funds, you can purchase your ZIL coins. Head over to the markets or crypto exchange section of your platform and search for the ZIL symbol. Once you have found Zilliqa, place an order for as many tokens as you would like to buy. Alternatively, you can input how much fiat currency you would like to spend, and the system will show you how many tokens that translates to.
(Optional) Move Your Zilliqa Tokens To An External Wallet
Once you have purchased your Zilliqa, you have the option to move it to an external third-party wallet. While you can easily store your cryptos in your exchange profile, a dedicated wallet is much more secure. Most platforms allow you to easily transfer your cryptos by linking a dedicated wallet to your exchange account. Alternatively, you can do it manually by transferring them to your wallet’s public address.
Conclusion
Taking all of the above into consideration, it would appear that ZIL is a very promising investment. The price predictions for ZIL are exceptionally positive, and the coin does have a lot of potential.
Of course, as with any investment, there is no guarantee that ZIL will reach the predicted price points. However, if you are looking to invest in cryptocurrency, ZIL is definitely worth considering.
There aren’t too many ZILque projects that have been coming out these days. Most are looking to give solutions to problems that do not exist. Others are looking to create problems in order to give solutions to irrelevant sectors of the crypto market.
That is definitely not the case with Zilliqa. The network will definitely keep growing and expanding its adoption. Even if the general public does not take better notice of Zilliqa anytime soon, huge companies are already working hand in hand with Zilliqa to better their operations. We will keep an eye on the development of Zilliqa and how it performs. Its potential, in tandem with our price predictions, makes us keen to see what lies in the future for Zilliqa.
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